Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and TD Securities (USA) LLC, as joint book-running managers, BMO Capital Markets Corp., BNP Paribas Securities Corp., CIBC World Markets Corp., Credit Suisse Securities (USA) LLC, RBS Securities Inc. and Scotia Capital (USA) Inc., as senior co-managers, and Mitsubishi UFJ Securities (USA), Inc., Mizuho Securities USA Inc. and SMBC Nikko Securities America, Inc., as co-managers, in connection with Cenovus Energy Inc.’s $800 million offering consisting of $450,000,000 aggregate principal amount of 3.800% notes due 2023 and $350,000,000 aggregate principal amount of 5.200% notes due 2043.
Cenovus Energy is a Canadian oil company with oil sands projects in northern Alberta, natural gas and oil production in Alberta and Saskatchewan and 50 percent ownership in two US refineries.
The following Shearman & Sterling team advised the underwriters in the transaction: partners Jason Lehner (Toronto/New York-Capital Markets) and Larry Crouch (Palo Alto-Tax), counsel Jeff Salinger (New York-Real Estate/Environmental), and associates Merritt Johnson (New York-Capital Markets), Kevin Roggow (Toronto-Capital Markets), Bilal Choksi (Toronto-Capital Markets), Laura Mulry (New York-Real Estate/Environmental) and Joe Tucci (Palo Alto-Tax).
